In modern society, few enterprises specialize in a certain industry and field. When the enterprise reaches a certain scale, excellent enterprises will certainly seek more business development space and try to operate various businesses across industries. This situation is actually normal, especially after an enterprise has accumulated corresponding capital advantages, it can gain better development opportunities through capital advantages, and many enterprises will get better and better after cross-border operations.
BYD has obtained the production license for electronic cigarettes.
Although BYD is an automobile company, the breakthrough and development speed in the field of new energy vehicles is also very fast, but while BYD further achieves business breakthrough, BYD is also seeking the possibility of business development in other fields. It is reported that BYD has obtained the production license for e-cigarettes. We should know that there is a lot of room for the development of e-cigarettes, which is also a new field, so BYD may make further breakthroughs in the field of e-cigarettes.
This shows that BYD is seeking opportunities for cross-industry development.
We can try to understand that although BYD's own development expectations are very good, and of course it is also optimistic about BYD's follow-up development space, if BYD wants to further achieve business breakthroughs, BYD may need to further seek opportunities for cross-industry development. In this case, BYD's business is expected to get better and better, and it will also get better performance in the capital market. In fact, this method is not only useful for BYD, but also for many excellent enterprises to fully deploy other industries in the development process.
Generally speaking, because BYD itself has certain financial strength, BYD does have the ability to do cross-border business, which is also the only way for many excellent enterprises in the development process.